An 'Automatic Stabiliser' Is

question 104

Multiple Choice

An 'automatic stabiliser' is:

• A)a policy for growth of an economy where the current account of the balance of payments is kept in balance.
• B)a monetary or fiscal policy that aims to smooth out the business cycle.
• C)the tendency for inflation to fall as unemployment rises.
• D)a tax or form of government expenditure that has the effect of reducing the size of business cycle fluctuations.

Evaluate the direct costs associated with new security sales and their impact on the capital raised for projects.

Understand the concept and components of various forms of social organization and governance.

Interpret the role of custom and law in different societies.

Analyze the concept of cultural controls and sanctions within societies.

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Definitions:

Older Adults

A population group typically defined as individuals over the age of 65, often with unique healthcare, social, and psychological needs.

Alcohol Use Disorder

A health disorder marked by the inability to cease or regulate drinking, even when faced with negative effects on relationships, work, or well-being.

Tolerance

A physiological condition where higher doses of a substance are required over time to achieve the same effect, often seen in the context of drug use.

Pathological Gambling

A disorder characterized by an uncontrollable urge to gamble, leading to significant personal, social, and financial problems.